K'Road Bar or Club

Auckland City

Asking Price:
$199,000

Proposed Usage

Tourism & Hospitality

Description:

Property ID

1bz81wq

Truly an iconic site with a huge history. In recent times it has been run as a pop-up restaurant, bar and live music venue.Strong lease to 2030Lots of history on this siteExcellent level of fit-out. Asset value $350k plusCould be a restaurant, a bar, a live music venue, a nightclub or a combination of all of these!

This place has done $1m ex GST over the previous financial year, the location is well proven and Karangahape Road is so hot right now.

A good operator can create something special here - this would make an awesome club or bar. You can keep the bones of the current concept, but you will probably add your own flair and direction. The place is fully fitted-out to a very high standard.

Hamish Aitcheson

Nick Giles

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